Market Closed -
Japan Exchange
02:43:55 2025-02-07 am EST
|
5-day change
|
1st Jan Change
|
1,863.50 JPY
|
+0.30%
|
|
-0.35%
|
-5.43%
|
 Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,000,005
|
771,046
|
1,244,369
|
2,324,660
|
2,164,516
|
2,250,068
|
2,017,843
|
2,073,745
|
Change
|
-
|
-22.9%
|
61.39%
|
86.81%
|
-6.89%
|
3.95%
|
-10.32%
|
2.77%
|
EBITDA
1 |
634,270
|
422,569
|
793,841
|
1,538,968
|
1,374,129
|
1,558,845
|
1,375,825
|
1,442,519
|
Change
|
-
|
-33.38%
|
87.86%
|
93.86%
|
-10.71%
|
13.44%
|
-11.74%
|
4.85%
|
EBIT
1 |
498,641
|
248,471
|
590,657
|
1,246,408
|
1,114,189
|
1,194,139
|
1,005,871
|
1,060,632
|
Change
|
-
|
-50.17%
|
137.72%
|
111.02%
|
-10.61%
|
7.18%
|
-15.77%
|
5.44%
|
Interest Paid
1 |
-21,856
|
-19,092
|
-13,777
|
-32,446
|
-78,116
|
-38,036
|
-56,614
|
-62,194
|
Earnings before Tax (EBT)
1 |
510,292
|
67,394
|
643,457
|
1,412,443
|
1,253,384
|
1,252,713
|
1,056,939
|
1,117,079
|
Change
|
-
|
-86.79%
|
854.77%
|
119.51%
|
-11.26%
|
-0.05%
|
-15.63%
|
5.69%
|
Net income
1 |
123,550
|
-111,699
|
223,048
|
438,276
|
321,708
|
373,538
|
302,752
|
319,686
|
Change
|
-
|
-
|
-
|
96.49%
|
-26.6%
|
16.11%
|
-18.95%
|
5.59%
|
Announcement Date
|
2/12/20
|
2/10/21
|
2/9/22
|
2/9/23
|
2/13/24
|
-
|
-
|
-
|
 Fiscal Period: December |
2019 Q3
|
2019 Q4
|
2020 Q1
|
2020 Q2
|
2020 Q3
|
2020 Q4
|
2021 Q1
|
2021 Q2
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
287,868
|
424,736
|
249,669
|
142,014
|
201,115
|
178,248
|
243,697
|
254,700
|
350,817
|
395,155
|
485,391
|
613,085
|
600,267
|
625,917
|
578,476
|
500,313
|
523,046
|
563,867
|
596,800
|
594,061
|
556,696
|
527,800
|
519,100
|
531,133
|
459,500
|
499,967
|
Change
|
-
|
47.55%
|
-41.22%
|
-43.12%
|
41.62%
|
-11.37%
|
36.72%
|
4.52%
|
37.74%
|
12.64%
|
22.84%
|
26.31%
|
-2.09%
|
4.27%
|
-7.58%
|
-13.51%
|
4.54%
|
7.8%
|
5.84%
|
-0.46%
|
-6.29%
|
-5.19%
|
-1.65%
|
2.32%
|
-13.49%
|
8.81%
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
329,082
|
350,654
|
472,102
|
416,559
|
400,683
|
-
|
-
|
-
|
-
|
-
|
Change
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
6.56%
|
34.63%
|
-11.77%
|
-3.81%
|
-100%
|
-
|
-
|
-
|
-
|
EBIT
1 |
134,438
|
217,926
|
100,878
|
22,921
|
67,499
|
57,173
|
106,054
|
117,619
|
178,703
|
188,281
|
228,315
|
356,178
|
331,399
|
330,516
|
306,300
|
264,234
|
268,838
|
282,472
|
380,102
|
319,969
|
318,008
|
222,600
|
311,700
|
311,700
|
265,500
|
265,500
|
Change
|
-
|
62.1%
|
-53.71%
|
-77.28%
|
194.49%
|
-15.3%
|
85.5%
|
10.9%
|
51.93%
|
5.36%
|
21.26%
|
56%
|
-6.96%
|
-0.27%
|
-7.33%
|
-13.73%
|
1.74%
|
5.07%
|
34.56%
|
-15.82%
|
-0.61%
|
-30%
|
40.03%
|
0%
|
-14.82%
|
0%
|
Charge d'intérêts
1 |
-
|
-
|
-6,036
|
-5,496
|
-4,089
|
-
|
-3,523
|
-
|
-3,398
|
-
|
-3,777
|
-
|
-9,591
|
-
|
-13,764
|
-
|
-14,055
|
-13,955
|
-41,304
|
-28,353
|
-12,865
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
140,136
|
239,188
|
107,728
|
-150,901
|
50,876
|
-
|
106,043
|
113,802
|
207,424
|
216,188
|
277,865
|
348,329
|
383,193
|
403,056
|
367,995
|
328,490
|
223,477
|
341,438
|
372,923
|
340,293
|
335,196
|
231,700
|
284,250
|
283,150
|
256,600
|
256,050
|
Change
|
-
|
70.68%
|
-54.96%
|
-
|
-
|
-100%
|
-
|
7.32%
|
82.27%
|
4.23%
|
28.53%
|
25.36%
|
10.01%
|
5.18%
|
-8.7%
|
-10.74%
|
-31.97%
|
52.78%
|
9.22%
|
-8.75%
|
-1.5%
|
-30.88%
|
22.68%
|
-0.39%
|
-9.38%
|
-0.21%
|
Net income
1 |
39,791
|
54,063
|
33,572
|
-154,371
|
-4,628
|
13,728
|
38,183
|
13,799
|
85,740
|
85,326
|
94,087
|
90,375
|
82,967
|
170,847
|
151,475
|
102,780
|
26,137
|
91,139
|
121,829
|
90,757
|
76,836
|
89,400
|
84,867
|
82,700
|
70,233
|
79,733
|
Change
|
-
|
35.87%
|
-37.9%
|
-
|
-97%
|
-
|
178.14%
|
-63.86%
|
521.35%
|
-0.48%
|
10.27%
|
-3.95%
|
-8.2%
|
105.92%
|
-11.34%
|
-32.15%
|
-74.57%
|
248.7%
|
33.67%
|
-25.5%
|
-15.34%
|
16.35%
|
-5.07%
|
-2.55%
|
-15.07%
|
13.53%
|
Announcement Date
|
11/6/19
|
2/12/20
|
5/12/20
|
8/6/20
|
11/6/20
|
2/10/21
|
5/13/21
|
8/10/21
|
11/5/21
|
2/9/22
|
5/11/22
|
8/8/22
|
11/8/22
|
2/9/23
|
5/10/23
|
8/9/23
|
11/9/23
|
2/13/24
|
5/14/24
|
8/8/24
|
11/12/24
|
-
|
-
|
-
|
-
|
-
|
 Fiscal Period: December |
2020 S1
|
2021 S1
|
2022 S1
|
2023 S1
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
391,683
|
498,397
|
1,098,476
|
1,078,789
|
1,190,861
|
1,072,900
|
926,200
|
906,200
|
Change
|
-
|
27.24%
|
120.4%
|
-1.79%
|
10.39%
|
-9.91%
|
-13.67%
|
-2.16%
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Change
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
123,799
|
223,673
|
584,493
|
570,534
|
700,071
|
-
|
-
|
-
|
Change
|
-
|
80.67%
|
161.32%
|
-2.39%
|
22.7%
|
-100%
|
-
|
-
|
Charge d'intérêts
|
-11,532
|
-6,961
|
-9,934
|
-27,972
|
-69,657
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
-43,173
|
219,845
|
626,194
|
696,485
|
713,216
|
604,100
|
477,000
|
465,200
|
Change
|
-
|
-
|
184.83%
|
11.23%
|
2.4%
|
-15.3%
|
-21.04%
|
-2.47%
|
Net income
1 |
-120,799
|
51,982
|
184,462
|
254,255
|
212,586
|
168,400
|
158,600
|
154,700
|
Change
|
-
|
-
|
254.86%
|
37.84%
|
-16.39%
|
-20.78%
|
-5.82%
|
-2.46%
|
Announcement Date
|
8/6/20
|
8/10/21
|
8/8/22
|
8/9/23
|
8/8/24
|
-
|
-
|
-
|
 Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
943,981
|
1,051,868
|
978,449
|
1,042,418
|
855,832
|
557,258
|
286,792
|
6,566
|
Change
|
-
|
11.43%
|
-6.98%
|
6.54%
|
-17.9%
|
-34.89%
|
-48.54%
|
-97.71%
|
Announcement Date
|
2/12/20
|
2/10/21
|
2/9/22
|
2/9/23
|
2/13/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
CAPEX
1 |
109,737
|
164,784
|
171,282
|
314,870
|
335,100
|
369,182
|
367,868
|
372,868
|
Change
|
-
|
50.16%
|
3.94%
|
83.83%
|
6.42%
|
10.17%
|
-0.36%
|
1.36%
|
Free Cash Flow (FCF)
1 |
-14,010
|
128,131
|
274,175
|
225,710
|
453,030
|
376,868
|
297,695
|
311,161
|
Change
|
-
|
-1,014.57%
|
113.98%
|
-17.68%
|
100.71%
|
-16.81%
|
-21.01%
|
4.52%
|
Announcement Date
|
2/12/20
|
2/10/21
|
2/9/22
|
2/9/23
|
2/13/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Profitability
| | | | | | | | |
---|
EBITDA Margin (%)
|
63.43%
|
54.8%
|
63.79%
|
66.2%
|
63.48%
|
69.28%
|
68.18%
|
69.56%
|
EBIT Margin (%)
|
49.86%
|
32.23%
|
47.47%
|
53.62%
|
51.48%
|
53.07%
|
49.85%
|
51.15%
|
EBT Margin (%)
|
51.03%
|
8.74%
|
51.71%
|
60.76%
|
57.91%
|
55.67%
|
52.38%
|
53.87%
|
Net margin (%)
|
12.35%
|
-14.49%
|
17.92%
|
18.85%
|
14.86%
|
16.6%
|
15%
|
15.42%
|
FCF margin (%)
|
-1.4%
|
16.62%
|
22.03%
|
9.71%
|
20.93%
|
16.75%
|
14.75%
|
15%
|
FCF / Net Income (%)
|
-11.34%
|
-114.71%
|
122.92%
|
51.5%
|
140.82%
|
100.89%
|
98.33%
|
97.33%
|
Profitability
| | | | | | | | |
---|
ROA
|
2.56%
|
-3.56%
|
4.56%
|
25.19%
|
19.28%
|
5.74%
|
4.66%
|
4.67%
|
ROE
|
3.77%
|
-3.9%
|
7.6%
|
12.7%
|
8%
|
8.7%
|
6.82%
|
6.8%
|
Financial Health
| | | | | | | | |
---|
Leverage (Debt/EBITDA)
|
1.49x
|
2.49x
|
1.23x
|
0.68x
|
0.62x
|
0.36x
|
0.21x
|
0x
|
Debt / Free cash flow
|
-67.38x
|
8.21x
|
3.57x
|
4.62x
|
1.89x
|
1.48x
|
0.96x
|
0.02x
|
Capital Intensity
| | | | | | | | |
---|
CAPEX / Current Assets (%)
|
10.97%
|
21.37%
|
13.76%
|
13.54%
|
15.48%
|
16.41%
|
18.23%
|
17.98%
|
CAPEX / EBITDA (%)
|
17.3%
|
39%
|
21.58%
|
20.46%
|
24.39%
|
23.68%
|
26.74%
|
25.85%
|
CAPEX / FCF (%)
|
-783.28%
|
128.61%
|
62.47%
|
139.5%
|
73.97%
|
97.96%
|
123.57%
|
119.83%
|
Items per share
| | | | | | | | |
---|
Cash flow per share
1 |
177.5
|
200.6
|
294
|
534.8
|
495.5
|
489
|
480
|
503.8
|
Change
|
-
|
13.02%
|
46.57%
|
81.88%
|
-7.35%
|
-1.31%
|
-1.84%
|
4.96%
|
Dividend per Share
1 |
30
|
24
|
48
|
62
|
74
|
85.4
|
90.28
|
94.78
|
Change
|
-
|
-20%
|
100%
|
29.17%
|
19.35%
|
15.4%
|
5.72%
|
4.98%
|
Book Value Per Share
1 |
2,082
|
1,874
|
2,253
|
2,892
|
3,345
|
3,544
|
3,763
|
3,998
|
Change
|
-
|
-10.01%
|
20.23%
|
28.35%
|
15.67%
|
5.93%
|
6.19%
|
6.26%
|
EPS
1 |
84.61
|
-76.5
|
153.9
|
320.7
|
248.6
|
298
|
247.5
|
264.5
|
Change
|
-
|
-190.41%
|
-301.14%
|
108.42%
|
-22.5%
|
19.91%
|
-16.96%
|
6.89%
|
Nbr of stocks (in thousands)
|
1,460,202
|
1,460,205
|
1,386,518
|
1,305,994
|
1,258,244
|
1,197,663
|
1,197,663
|
1,197,663
|
Announcement Date
|
2/12/20
|
2/10/21
|
2/9/22
|
2/9/23
|
2/13/24
|
-
|
-
|
-
|
| 2024 * | 2025 * |
---|
P/E ratio |
6.25x |
7.53x |
---|
PBR |
0.53x |
0.5x |
---|
EV / Sales |
1.24x |
1.25x |
---|
Yield |
4.58% |
4.84% |
---|
Last Close Price 1,863.50JPY Average target price 2,236.00JPY Spread / Average Target +19.99% Consensus
|